Profile number 104997
19/07/2022 Date added
Located in
The Netherlands
Sector
Engineering
Type of company
Electric and electronics
Legal entity
Private limited company
Type of transaction
To be determined
Life phase enterprise
Starting
Employees in FTE
5 - 10
Type of buyer
Turnover last financial year
Confidential
Asking price
€ 1.000.000 - € 2.500.000
Earnings before taxes
Confidential
This startup develops ground-breaking technology that enables wireless energy transfer by coupling Magnetic Resonance Technology with Radio Frequency technology.
It expects a large market on B2B side, to start with, for its on-air wirelessly energizing Mobile phone case. Nevertheless, it is realizing also the manufacturers on the B2C side as cardinally important customers such as Telcos, GSM production companies, eBike producers, etc.
This company sees that the potential market is available in its first phase (for the Low- and Midsize-Wattage devices), resolved to enable the manufacturer to implement charging and feeding energy receiving capabilities in their productions and, getting rid of the batteries inside and/or cables as part of their devices. This innovation is welcomed by the device producers (e.g., with the eBike producers) who have been pre-consulted yet. This novelty inducts a pep for their marketing and enables them to a more modern line-production as well.
The founder of this company invented G codecs for VOIP deleting delay in voice transmission in internet telephones in 2000 and founded Freitelnet.de (now WEB.de).
Traction on the market to date;
Transferring the electricity on-air wirelessly to devices to feed or charge them will:
Capital amount needed:
€1.250.000 (for the first phase lasting until 6/2023)
Investment need:
The investment will be used for the phase when they have a POC.
Turnover (forecast) next 12 months:
€1.000.000,- (Starting)
Turnover (forecast) months 13 - 24:
€10.000.000,-
Current monthly expenses:
€50.000,-
Other relevant information:
In the last 4 years, the founder has spent 3,8 million euros in total on this project.